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Bahrain Maritime’s Q1 profits fall 8.7%

Bahrain Maritime’s Q1 profits fall 8.7%
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Mubasher: Bahrain Maritime and Mercantile International’s profits decrease by 8.7% in the first quarter of 2016 as compared to the same period in 2015, the company said in a recent statement.

The BHB-listed firm posted BHD 2.72 million ($7.17 million) profits in Q1-16, compared to BHD 2.98 million ($7.85 million) in Q1-15.

Earnings per share declined to BHD 20 in the first quarter of 2016, from BHD 22 in Q1-15.